brent oil

Angela Mangan

The Brent price originally generated a technical buy signal at US$34.68 on 22/2/16. A technical sell signal was subsequently generated at US$46.48 on 7/7/16 https://www.livewiremarkets.com/wires/32242. The overnight decline resulted in the minimum downside technical target located at US$43.50 being reached. It is an identical situation on the WTI oil price.... Show More

Matt Felsman

Chevron has had two assets in Nigeria attacked by militants in a week, the latest yesterday. Also on Friday, Exxon Mobil declared force majeure on exports of Nigeria's largest crude grade as production had been curtailed following damage to a pipeline by a drilling rig. Chevron isn’t the only major... Show More

Andrew Stanley

Origin Energy (ASX:ORG) was boosted by a relatively clean-half year result. The energy market business delivered good growth with margin expansion in ORG’s domestic gas retailing business a noteworthy feature we had been expecting for some time. ORG’s APLNG plant has finally commenced operations with the first train now operational... Show More

Angela Mangan

The strong commodity / energy price rally on Friday night resulted in Brent crude and copper reaching (earlier) technical buy signal minimum upside target levels. Recent Wires https://www.livewiremarkets.com/wires/30628have highlighted that QMG clients were alerted back in early February that the resource/ energy sector of the Australian market had turned positive,... Show More